Fri, May 9

Reddit User Tracks Outflow of ETH Worth $114.8M by Ronin Network Hacker

Reddit user ThatGuy222666 has monitored the primary wallet. Each new wallet of 100 ETH is emptied in 4-6 hours by the hackers. Nearly a month ago, hackers stole approximately $615 million worth of ETH from the Ronin Network, the side-chain intended to grow Axie Infinity. Of the 173,000 ETH taken

April 20, 2022 2 mins read

Russia’s War on Ukraine Affects the Country’s Crypto Boom!

Ukraine’s crypto industry was severely affected.  Many crypto firms and exchanges were forced to be shut down, without employees. Firms branches operating elsewhere tend to run the show and keep Ukraine’s crypto industry alive. The war is yet to come to an end, and the still on throttle battle, prohibits

April 20, 2022 2 mins read

WazirX Relocates From India to Dubai Amid Heavy Crypto Tax Regulations

Sameer Mhatre, WazirX’s co-founder and CTO would continue to operate in India. The organization’s employees are scattered over more than 70 distinct locations. WazirX, India’s biggest cryptocurrency exchange, has allegedly moved its headquarters to Dubai. Founders Nischal Shetty and Siddharth Menon, CEO of WazirX, are said to have relocated their

April 20, 2022 1 min read

Cardano (ADA) Network Adds Over 450,000 Wallets in Q1 2022

Cardano has added almost 100,000 wallets to its network in the previous month. The Alonzo hard fork adds support for Plutus smart contracts. Since last year, there has been a massive rise in the number of wallets containing Cardano’s native currency, ADA, which is proof of this. As ADA wallets

April 20, 2022 1 min read

Bitcoin (BTC) Price Rebounds Amid Optimistic Long Term Hodlers

Famous analyst Root explains that this is due to a shortage of short-term holders (STHs). Crypto Fear and Greed Index has fallen into the “extreme fear” zone. In the wake of Bitcoin’s halving cycle, some investors have lost trust in the currency’s ability to reach new highs. While spot price

April 19, 2022 2 mins read

Elon Musk Says SpaceX Falcon Team Making Great Progress

Previously, SpaceX had set a goal of 52 launches in 2022. In LEO, there are 2,282 Starlink satellites, of which 2,033 are presently operating. After acknowledging his company’s achievement so far, SpaceX CEO Elon Musk had disclosed that his team is aiming for 60 launches of the Falcon 9 by

April 19, 2022 1 min read

Money Laundering and Terror Financing Biggest Risk of Crypto as per Indian Finance Minister

As a result of the COVID-19 epidemic, India’s digital adoption rate increased. Reserve Bank of India (RBI) is working on introducing India’s own digital currency. Historically, India has had a rocky relationship with digital assets, particularly cryptocurrencies. However, the Supreme Court overturned a prohibition on cryptocurrency transactions in March 2020,

April 19, 2022 1 min read

All Positives for Paris Blockchain Week!

Paris Blockchain Week ends successfully.  Ripple CEO enthusiastic with court’s decision against SEC. Brazil’s new crypto bill and CBDC plans to be passed out soon. The Paris Blockchain Week indeed ended up with all the most happy faces one could ever see upon the crypto industry. Apart from being a

April 19, 2022 2 mins read

Vitalik Buterin Skepticism on Elon Musk’s Twitter Buy!

Elon Musk long plans to buy Twitter completely. Buterin completely against Elon’s wishes. Points out all possible pessimism in the event it occurs. It indeed has been a long time debate on what will happen if Elon Musk, the CEO of Tesla and SpaceX gets his hands on complete control

April 19, 2022 2 mins read

Ireland Governor Proposes Banning Crypto Donations to Political Parties

O’Brien pointed out that political disinformation is a severe threat to democracy worldwide. The country’s relationship with cryptocurrencies has a checkered past. Russian cyber-interference in Ireland’s democracy will be countered by new regulations governing the integrity of political actors. As part of a legislative overhaul, foreign donations in crypto would

April 18, 2022 1 min read